CITY MOVES | WHO’S SWITCHING JOBS
Future Group
The media business has appointed former ITN chief executive Mark Wood as chief executive of its UK business. Wood, who stood down from ITN last year, has been a non-executive director at Future since April 2009. He will leave the board on taking up his new post at the end of the month.
Prior to ITN, he worked for Reuters, where he served on the board and held responsibility for the news and televisions businesses.
HSBC
The bank has made five new appointments in its global foreign exchange unit in the Asia Pacific global markets division.
Former UBS Singapore employee Clyde Choi becomes head of emerging markets in FX trading in Asia Pacific; Ryuichi Atsuta becomes a director of FX trading in Japan, having moved over from BoA Merrill Lynch; Guy Dickinson joins from Barclays as a director of FX trading in Hong Kong, where Joanne Ng also joins from Goldman Sachs as head of institutional FX sales; and Sean Jeon becomes head of institutional sales in Korea.
Deutsche Bank
The bank has appointed four new senior figures to its corporate banking platform in the US.
Philippe Sandmeier rejoins the bank from RBS to head up natural resources coverage, while Ross Levitsky becomes managing director of West Coast coverage in New York following a 15-year tenure at Citi. Lawrence Williamson moves over from JP Morgan as a managing director in the healthcare corporate team, while Kurt Anstaett leaves BoA Merrill Lynch after 31 years to become managing director of corporate banking for the Midwest region.
Collins Stewart
The financial advisory group has appointed Eddy Hargreaves to its large cap European research team.
Alongside Rob Mann and Alicia Forry, Hargreaves will cover the European consumer goods sector. He has previously held positions at sell side houses, including UBS and Dresdner Kleinwort Wasserstein, and at long-only investment institutions, including a stint as head of companies research at Henderson.
City of London Investment
Omar Ashur has resigned from the board of the asset management group with immediate effect. Ashur joined the board in 2001 as a representative of FMH, then one of City of London Investment Group’s major shareholders, and maintained his position for two years after FMH sold down its 30 per cent stake in the company.